GO-JEK will expand its business to the Philippines in 2018. In addition, other Southeast Asia countries did not escape its supervision as the next destination. The detail is initially is informed by GO-JEK’s CTO Ajey Gore and quoted from Reuters. Besides regional expansion, GO-JEK will add some new features such as laundry pickup and delivery and charging station placement in some areas.
In the news, Gore said all Southeast Asia’s countries are in GO-JEK’s radar for the next three, six or twelve months later. The Philippines will be the first expansion. It might be due to the similar character of its society and the digital payment method penetration. In the Philippines, GO-JEK is said to be testing the transportation and digital payment services.
Currently, Southeast Asia’s market is now being a ring for Uber and Grab. GO-JEK’s expansion, after dominating Indonesia’s market, will bring new dynamics. During this year, GO-JEK reportedly looking for fresh funding of $1.2 billions, supported by Tencent and JD.com.
2018 will be a busy year for GO-JEK. Besides the expansion, GO-JEK is mentioned to have invested in Bangladesh’s ride sharing startup, Pathao. Next year will also be GO-PAY’s momentum to become independent payment platform, not only for activities within GO-JEK ecosystem.
Original article is in Indonesian, translated by Kristin Siagian